ASIC Regulatory Guide 274 Product Design and Distribution Obligations (Australia)
Section E: Distributors – ASIC Regulatory Guide 274 Product Design and Distribution Obligations (Australia)

ASIC Regulatory Guide 274 Product Design and Distribution Obligations (Australia) RG274.212-216: Distributors: notify the issuer of significant dealings within 10 business days

A distributor that becomes aware of a significant dealing not consistent with the TMD must tell the issuer in writing promptly and no later than 10 business days after becoming aware. The duty extends to personal advice providers and helps the issuer decide on reviews and meet its own ASIC notification duty.

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